New Delhi, Nov. 27 -- A fabulous year for India's primary market is set to close on a high note as several marquee names are expected to float their initial public offerings (IPOs) in the month of December.

Industry analysts project an IPO pipeline of Rs.35,000 to Rs.40,000 crore in December, assuming there are no significant declines in the secondary market. With Rs.1.5 lakh crore already raised this year, the total for the full year could fall between Rs.1.8 lakh crore and Rs.1.9 lakh crore.

According to data from Primedatabase, fundraising via IPOs stood at Rs.59,302 crore in 2022 and Rs.49,436 crore in 2023. The trend reversed dramatically in 2024 when Rs.1.59 lakh crore was collected, marking a three-fold increase from the previous...